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BTC $79,041.25 -2.93%
ETH $2,219.87 -3.38%
BNB $672.17 -1.33%
XRP $1.43 -4.20%
SOL $89.18 -3.87%
TRX $0.3516 -0.53%
DOGE $0.1134 -2.84%
ADA $0.2611 -4.39%
BCH $425.02 -2.90%
LINK $10.05 -4.86%
HYPE $43.98 -0.09%
AAVE $92.65 -7.05%
SUI $1.09 -8.77%
XLM $0.1543 -5.86%
ZEC $516.49 -8.96%

tencent

Kuaishou plans to spin off Keling AI and raise $2 billion at a valuation of $20 billion, with Tencent participating in the negotiations

According to an exclusive report by LatePost, Kuaishou plans to spin off its video generation large model business "Keling AI" and initiate a $2 billion financing round with an estimated valuation of about $20 billion. They are currently in talks with investors such as Tencent, and the deal has not yet been completed. Based on the current market value, Keling's valuation is already close to 70% of Kuaishou's overall market value.The report states that Keling's current annual recurring revenue (ARR) has reached $500 million, doubling since before the Spring Festival, significantly exceeding Kuaishou's previous expectations. At the beginning of 2025, Kuaishou set an annual revenue target of $60 million for Keling, but the final annual revenue reached $150 million. In the face of increased competition from giants like ByteDance and Alibaba in the video generation field, Kuaishou has established an independent option pool and special incentive mechanisms for Keling.It is reported that if the future IPO valuation reaches $40 billion, team incentives will be further enhanced. Currently, Keling has become one of the fastest-growing products in the global video generation field. By early 2026, it ranked first in the iOS drawing and design charts in nearly 40 countries and regions, including Brazil, Russia, and Singapore, and became one of the highest-grossing graphic design applications in South Korea and Russia.

Tencent Cloud Industry Architect Alan Nie: The dual engines of Cloud + AI drive Web3 to break through the bottlenecks of infrastructure and R&D efficiency

At the "Crypto 2026: From Cryptocurrency to Smart Economy" themed forum held in Hong Kong, Tencent Cloud's industry architect Alan Nie delivered a keynote speech titled "Cloud + AI Dual Engine: Tencent Cloud Empowers New Growth in Web3."Alan Nie pointed out that Web3 enterprises face three major bottlenecks in global infrastructure, R&D efficiency, and business intelligence. Tencent Cloud deeply integrates the "Cloud + AI" dual engine to provide low-latency infrastructure covering the globe. Among them, the Singapore data center is the only cloud provider in the world that offers four availability zones, and the self-developed TDSQL-C database can achieve elastic scaling in seconds, with Redis single-node performance reaching over 300,000.In terms of AI empowerment, Tencent Cloud launched CodeBuddy (AI Pair Programmer) and WorkBuddy (Personal AI Assistant), which can automatically generate code, batch process office documents, organize meeting minutes, and support multi-agent parallel execution of complex tasks. In financial scenarios, the automation research report reproduction cycle has been shortened from three days to half a day; in on-chain data analysis scenarios, storage costs have been reduced to one-tenth of the original, with query responses reaching millisecond levels.Alan Nie stated that Tencent Cloud is committed to using the "Cloud + AI" dual engine to help Web3 enterprises build the next generation of smart economic infrastructure.
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